NDR InvIT Opens Rs 1.2 Billion Logistics Hub in South Goa

04 Aug 2025 CW Team

NDR InvIT Trust, an infrastructure investment trust listed on the National Stock Exchange, has inaugurated a 2.35 lakh square foot warehousing facility in South Goa. The new development, located at NDR Varama Sir on Verna Airport Road, will support a leading quick commerce company with 1.06 lakh sq ft of space and a third-party logistics firm handling fast-moving consumer goods (FMCG) with 1.24 lakh sq ft, according to a company spokesperson.

With this expansion, NDR InvIT further consolidates its presence in Goa, where it now operates the state’s largest warehousing and industrial park portfolio. The total constructed area across its two flagship parks—NDR Goaspace Pvt. Ltd. in the Verna Industrial Area and NDR Varama Sir—has reached 1.1 million sq ft.

These assets are strategically positioned to facilitate high-volume and high-speed logistics and industrial operations across the region.

Jagdish Bhanushali, Project Director, stated, “This facility reflects our commitment to future-ready infrastructure that supports the evolving demands of modern trade, manufacturing, and commerce.”

He added that NDR’s Goa portfolio enables efficient regional and national distribution, offering scalable layouts, ample docks, smooth circulation, and value-added services that reduce time-to-market and enhance service standards.

The total value of the new facility is estimated at approximately Rs 1.2 billion.

Infrastructure Energy

09 Mar 2026

BMW Industries partners with IOCL for PNG supply at Bokaro plant

BMW Industries has entered into a strategic partnership with Indian Oil Corporation (IOCL) for the supply of Piped Natural Gas (PNG), reinforcing its commitment to adopting cleaner and more efficient energy sources for its operations.The agreement was signed at the Eastern Region Pipelines (ERPL) headquarters in Kolkata. The partnership is expected to support the company’s upcoming manufacturing facility in Bokaro by facilitating the use of natural gas as a primary energy source.According to the company, the adoption of PNG will help enhance operational efficiency while also contributing to ..

Bombay Realty Secures RERA for Three ICC Tower in South Mumbai

Bombay Realty, the real estate arm of Bombay Dyeing and part of the Wadia Group, has received Real Estate Regulatory Authority (RERA) certification for Three ICC – Wing A, the latest luxury residential tower at Island City Center in Mumbai’s Dadar.The RERA registration marks a key milestone in the development timeline and reinforces the company’s focus on regulatory transparency, timely project delivery, and high construction standards.Following the success of One ICC and Two ICC, the upcoming Three ICC tower represents the next phase of the Island City Center development. The project ai..

Flender launches India’s largest wind gearbox test rig in Walajabad

Flender has inaugurated a 13.5 MW wind turbine gearbox test rig at its Walajabad facility near Chennai, marking the largest installation of its kind in India. The new facility is expected to strengthen the company’s manufacturing and testing capabilities while supporting the growing demands of the wind power sector in both domestic and global markets.The test rig was inaugurated on March 5 in the presence of Andreas Evertz, Group CEO, Flender; Lars Wiegemann, Vice President Wind Gears, Flender; and Vinod Shetty, CEO, Flender India, along with key industry customers and stakeholders.The insta..